I'm digging mine. Very modern sounding compared to most tube OD pedals, the overdrive sounds so good with a Jazz or PJ with both pickups on full. Plenty enough low end on the dirt channel and the clean side is very scooped so I tend to use it on the dirt side only.
The EQ is spot on, only very small adjustments are needed to make a big change, I never felt I needed to make anything but slight bumps up or down and the frequencies seem well placed.
I find the cab sim too dark through headphones but is usable with the treble bumped up a bit to compensate. It does hiss quite a bit through headphones, but since they did not feature an aux in I am chaining it to my PJB Bighead, and the hiss is gone. Perhaps it's due to bad impedance matching, I'm no electronics expert but heard this as the excuse when I had an old EA amp that only sounded hissy with certain cans (mine are 80 ohms which is on the high side). I've not tried the DI out yet.
Being in satisfied with the cab sim was making me gas for the Torpedo CAB... but for now since I've discovered the Ampeg sims on GarageBand on my iPad, which to me sound better than anything else on the platform, I'm a happy chappy with my headphone practice rig. The Le Bass sounds awesome as a tube OD going into this setup.
If they were to repackage this as a simple mini tube overdrive with 3 band EQ, no DI/headphone/cab sim, I'd happily downgrade.